Adecco SA (OTCMKTS:AHEXY) Receives Average Rating of “Moderate Buy” from Brokerages

Adecco SA (OTCMKTS:AHEXY) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company.

A number of research analysts have recently commented on AHEXY shares. Jefferies Financial Group raised shares of Adecco from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 11th. Sanford C. Bernstein raised shares of Adecco from a “hold” rating to an “outperform” rating in a research report on Monday, September 22nd. Cfra Research raised shares of Adecco from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Adecco in a research report on Tuesday, August 12th.

Adecco Stock Down 0.8%

Adecco stock opened at $14.35 on Friday. The company has a market cap of $4.83 billion, a P/E ratio of 15.27, a price-to-earnings-growth ratio of 1.21 and a beta of 1.19. Adecco has a 1-year low of $11.08 and a 1-year high of $16.89. The company has a fifty day simple moving average of $15.13 and a 200 day simple moving average of $14.58. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.83.

Adecco (OTCMKTS:AHEXY) last announced its quarterly earnings data on Tuesday, August 5th. The business services provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.02). Adecco had a net margin of 1.26% and a return on equity of 10.94%. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $5.72 billion. Research analysts anticipate that Adecco will post 1.32 earnings per share for the current fiscal year.

Adecco Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.